This document, produced by Magnitude Quantity Surveyors, is a 60-pages "Example Pricing Document with Valuation and Cost Reconciliation Procedures" designed specifically for training and educational purposes within the construction industry. It centers on a hypothetical project for the construction of a single-storey extension.

The guide is structured into several practical sections to demonstrate professional quantity surveying and cost management practices. It begins with a Pricing Summary that estimates the project's total cost, accompanied by a detailed list of pricing notes, assumptions, and exclusions—such as relying on Q3 2023 price levels and excluding VAT, professional fees, and project insurances.

The core of the document features extensive, itemized "Pricing Breakdowns" across multiple appendices. These meticulously detail labor, material, and subcontractor rates for various project phases, including facilitating works, substructure, superstructure, internal finishes, MEP (Mechanical, Electrical, and Plumbing), and external drainage.

Additionally, the document provides robust templates for post-contract administration. Its "Valuation Documents" section includes formats for interim payment applications, tracking variations and changes, and logging materials on site. Finally, the "Reconciliation Documents" section offers practical templates for contractors to track real costs against application amounts, enabling them to calculate ongoing profitability.